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Biotechnology
Factor Therapeutics halts development of VF001 after failed drug trial, company restructures
Australian biomedical company Factor Therapeutics (ASX: FTT) will cease development of its VF001 drug for the treatment of chronic venous leg ulcers after a Phase 2 trial failed to prove the drug will improve healing in patients. The “disappointing results” released by the company this morning showed that use of the drug across a group […]

Biotechnology
Factor Therapeutics completes treatment for Phase 2 clinical trial on venous leg ulcers
Australian biomedical company Factor Therapeutics (ASX: FTT) is expecting “top line results” following the completion of a lengthy Phase 2 clinical trial of its VF001 drug for the treatment of venous leg ulcers. Based in the United States, the trial – which recorded its “first patient in” milestone in December 2016 – aimed to define […]
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